8 Of 11 Sectors Rise In Monday Trading As Leaders Split

Eight sectors are higher and three are lower in Monday’s regular session, with growth, cyclical and defensive sectors split across the top three positions. The leaders are separated rather than clustered.

Sector	Ticker	Price	Change
Communication Services	XLC	111.33	+0.91%
Energy	XLE	63.32	+0.79%
Utilities	XLU	40.08	+0.61%
Materials	XLB	49.10	+0.50%
Technology	XLK	200.75	+0.47%
Financials	XLF	53.65	+0.29%
Consumer Discretionary	XLY	110.18	+0.12%
Industrials	XLI	170.11	+0.09%
Consumer Staples	XLP	80.50	-0.04%
Real Estate	XLRE	40.76	-0.14%
Health Care	XLV	165.94	-0.15%

Market Snapshot

The major averages are mixed, with the State Street SPDR S&P 500 ETF Trust (NYSE:SPY) up 0.35% and the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ) 0.45%, while the State Street SPDR Dow Jones Industrial Average ETF Trust (NYSE:DIA) is down 0.18% and the iShares Russell 2000 Index Fund (NYSE:IWM) is up 0.11%. Five of the eleven sectors outpace the S&P 500.

Leading Sectors

Communication Services Select Sector SPDR Fund (NYSE:XLC) +0.91%

Among the sector’s large-cap names, Meta Platforms Inc (NASDAQ:META) is up 2.08%, The Walt Disney Co (NYSE:DIS) 0.25% and Alphabet Inc (NASDAQ:GOOGL) 0.24%.

Energy Select Sector SPDR Fund (NYSE:XLE) +0.79%

Among the sector’s large-cap names, SLB Ltd (NYSE:SLB) is up 2.36%, EOG Resources Inc (NYSE:EOG) 0.91% and ConocoPhillips (NYSE:COP) 0.31%.

Utilities Select Sector SPDR Fund (NYSE:XLU) +0.61%

Among the sector’s large-cap names, Southern Co (NYSE:SO) is up 0.62%, American Electric Power Co Inc (NASDAQ:AEP) 0.50% and NextEra Energy Inc (NYSE:NEE) 0.08%.

Middle Of The Pack

• Materials Select Sector SPDR Fund (NYSE:XLB) +0.50%
• Technology Select Sector SPDR Fund (NYSE:XLK) +0.47%
• Financial Select Sector SPDR Fund (NYSE:XLF) +0.29%
• Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) +0.12%
• Industrial Select Sector SPDR Fund (NYSE:XLI) +0.09%

Lagging Sectors

Consumer Staples Select Sector SPDR Fund (NYSE:XLP) -0.04%

Among the sector’s large-cap names, PepsiCo Inc (NASDAQ:PEP) is down 1.06%, while Walmart Inc (NASDAQ:WMT) is up 0.04% and Costco Wholesale Corp (NASDAQ:COST) 0.09%.

Real Estate Select Sector SPDR Fund (NYSE:XLRE) -0.14%

Among the sector’s large-cap names, Equinix Inc (NASDAQ:EQIX) is down 0.28%, Public Storage (NYSE:PSA) 0.14% and Prologis Inc (NYSE:PLD) 0.03%.

Health Care Select Sector SPDR Fund (NYSE:XLV) -0.15%

Among the sector’s large-cap names, Merck & Co Inc (NYSE:MRK) is down 3.19%, Johnson & Johnson (NYSE:JNJ) 0.83% and UnitedHealth Group Inc (NYSE:UNH) 0.47%.

Cross-Sector Takeaway

The 1.06-point spread between Communication Services and Health Care is more than twice the largest move among the major averages, which range from down 0.18% to up 0.45%. The mixed major averages mask a session where sectors are moving largely in line with one another and with the broader market.